Paul Looney

Other States are implementing them on sales of bikes over $499. A 10% sales tax should add a few million to the coffers and offset some of the cost of adding bike lanes. There should be no more free rides seeing the significant costs that motorist are bearing (gas tax, tolls, insurance, excise tax, and […]Read More »

Will, Seeing the budget situation is fluid I had a few questions related to Belmont and State funds. The Belmont Schools have budgeted approximately $1.1m for increases in the SPED budget. About $530,000 of that is lost stimulus funding and the balance is a projected 11% increase in y/y SPED costs based on historical data […]Read More »

Will, I am hearing Massachusetts stands to gain $400m in new Stimulus funds this year specifically for keeping or hiring Teachers. I understand this is part of an amendment to the Iraq/Afghanistan funding Bill and should be voted on soon in the Senate. I know you always thought there would be another round of stimulus […]Read More »

Will, As you well know many Towns and Cities are in crisis mode dealing with budget shortfalls. In Belmont we are looking at approx a $3.2m deficit assuming a $300k transfer from free cash is applied. An Override is on the table but it is uncertain it will pass and the consequences of passing it […]Read More »